‘Chris Clancy’

BY CHRIS CLANCY
(Read Part 1, Part 2, Part 3, Part 4, Part 5)
In Western Europe, over a very long period of time, events transpired which would result in what we now call the Industrial Revolution. It’s widely accepted that it really got underway in the second half of the eighteenth century.
About one hundred years later something [...]

BY CHRIS CLANCY
(Read Part 1, Part 2, Part 3, Part 4)
The study of economics poses many great questions.
But there’s one question in particular – which most of us may well have wondered about at some time or another – even if we never actually studied the subject.
The question is this:
How come we in the West have had it so [...]

Pascal SalinPhoto credit: Mises.org
BY CHRIS CLANCY
(Read Part 1, Part 2, & Part 3)
Here’s a story which I find both interesting and inspirational.
It is about a French economist called Pascal Salin.
On the face of it, the most striking thing about Salin is that he made it to the top of his profession at a very young [...]

Chris Clancy
BY CHRIS CLANCY
(Read Part 1, & Part 2)
Historically, and legally speaking, there have always been three ways of getting very rich very quickly.
You could earn it, inherit it, or do it the old fashioned way and marry it.
Of course these three ways still exist - but nowadays we have to add a fourth.
Eisenhower [...]

Chris Clancy
BY CHRIS CLANCY
(Read Part 1)
I recall an aged professor solemnly telling us, that the days when a man could start out with only a few dollars in his pocket, and single-handedly turn it into millions, were over.
I can still remember his opening words.
More lament than lecture.
"Gentlemen," he wheezed to his mixed [...]